Company Description

Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered commercial bank. The bank offers checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The bank invests available funds in other interest-earning assets, such as Unites States (U.S. )Treasury securities; U.S. government agency securities, state and municipal securities; mortgage-backed securities; asset-backed securities; corporate bonds; and other security investments. It also provides letters of credit; wire transfers; forward currency spot and forward contracts; traveler's checks; safe deposit; night deposit; social security payment deposit; collection; bank-by-mail; drive-up and walk-up windows; automatic teller machines; Internet banking services, and other customary bank services. The company was founded in 1990 and is headquartered in Los Angeles, CA.